Maintaining Trading Participant Quality

Outline An introduction of initiatives and measures to maintain the quality of trading participants (broker-dealers qualified to access directly the trading platforms of Tokyo Stock Exchange or Osaka Exchange).

Inspection plan An introduction of the inspection policy and important points for inspection.

Current Inspections and Inspection Results An introduction of the current inspections.

Check Points related to Trading Participant Internal Management Systems An introduction to important points of major inspection areas for trading participant internal management systems based on past inspections.

Points of Note When Determining Disciplinary Actions When a trading participant violates laws, regulations, or exchange rules, the exchange takes disciplinary action against the participant in accordance with exchange rules. This is an introduction of matters considered when determining whether to take disciplinary actions and the details of such actions.